NOT LISTED FOR SALE

260 Douglas Ave Unit 262 Providence, RI 02908

Smith Hill Neighborhood

Estimated Value: $562,000 - $678,000

6 Beds
3 Baths
4,094 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $332,500 $81 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,460/month

35 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Public Transportation
  • Recreation Facilities
  • Storage Room
  • 2-minute walk to Father Lennon Park Skatepark

About This Home

As of September 2020

Your next and best investment is here! Fully occupied three units with off street parking. $3000 in monthly income located in the heart of Smith Hill. Each unit has 2 bedrooms with large eat-in kitchens, bathrooms and gas stoves. The kitchens have granite counters, newer cabinets and appliances. All separate electric and heating utilities that are in great shape. Tenants are currently on month to month leases. Owner is willing to have one unit vacant by closing date for an owner occupied purchase if requested.

Last Agent to Sell the Property

Elise Ouellette

E. Ouellette Realty License #REB.0018262 Listed on: 07/11/2020

Last Buyer's Agent

Anibal Bourdierd

RE/MAX On The Move License #RES.0043187

RE/MAX On The Move

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1910

Lot Details

  • 2,613

Home Design

  • Combination Foundation
  • Wood Siding
  • Vinyl Siding
  • Masonry
  • Plaster

Interior Spaces

  • 4,094 Sq Ft Home
  • 3-Story Property
  • Storage Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 2,613 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 325
  • Assessor Parcel Number 260DOUGLASAVPROV

Community Details

Overview

  • 3 Units
  • Smith Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $5,253

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,358

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Subdivision Name: Smith Hill
  • Above Grade Finished Sq Ft: 4094.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Wood Siding, Masonry, Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.0
  • Parcel #: 260DOUGLASAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 5253.0

Tax Info

  • Tax Annual Amount: 3358.0
  • Tax Lot: 325
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Sep 15, 2020
Sold by
Olson Jonathan J
Bought by
Rodriguez Michael R
Seller's Agent
Elise Ouellette
E. Ouellette Realty
Buyer's Agent
Anibal Bourdierd
RE/MAX On The Move
List Price
$349,000
Sold Price
$332,500
Premium/Discount to List
-$16,500
-4.73%
Current Estimated Value
$597,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,896
Avg. Annual Appreciation
11.81%
Original Mortgage
$326,477
Outstanding Balance
$289,068
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$308,328

Purchase Details

Closed on
Aug 22, 2016
Sold by
Carter Jennifer A and Miles Joshua
Bought by
Olson Jonathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,775
Interest Rate
3.41%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2009
Sold by
American Home Mtg Svcn
Bought by
Carter Jennifer A and Miles Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
4.61%

Purchase Details

Closed on
May 2, 2008
Sold by
Cordeiro Baltazar L and Cordeiro Susana
Bought by
American Hm Mtg Svcs

Purchase Details

Closed on
Dec 16, 2004
Sold by
Fofiyebi Adebo B
Bought by
Cordeiro Baltazar L

Purchase Details

Closed on
Mar 1, 2004
Sold by
4 Seasons Realty
Bought by
Fafiyebi Adebo B

Purchase Details

Closed on
Jul 9, 2003
Sold by
Citimortgage Inc
Bought by
Four Seasons Rlty

Purchase Details

Closed on
Dec 14, 1999
Sold by
Guild Mitchell C and Guild Judith
Bought by
Andrade Maria Teresa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rodriguez Michael R $332,500 None Available
Olson Jonathan J $178,000 --
Carter Jennifer A $50,400 --
American Hm Mtg Svcs $116,718 --
Cordeiro Baltazar L $270,000 --
Fafiyebi Adebo B $140,000 --
Four Seasons Rlty $88,900 --
Andrade Maria Teresa $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Michael R $326,477
Previous Owner Olson Jonathan J $174,775
Previous Owner Andrade Maria Teresa $122,000
Previous Owner Andrade Maria Teresa $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $332,500 -4.7% $81 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $349,000 +99.4% $85 / Sq Ft
05/31/2016 05/31/16 Sold $175,000 0.0% $76 / Sq Ft View Prior Sale
05/11/2016 05/11/16 For Sale $175,000 -- $76 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,817 $505,600 $125,800 $379,800
2024 $5,854 $319,000 $70,700 $248,300
2023 $5,854 $319,000 $70,700 $248,300
2022 $5,678 $319,000 $70,700 $248,300
2021 $5,551 $226,000 $38,900 $187,100
2020 $5,551 $226,000 $38,900 $187,100
2019 $5,551 $226,000 $38,900 $187,100
2018 $4,228 $132,300 $38,100 $94,200
2017 $4,228 $132,300 $38,100 $94,200
2016 $3,727 $116,600 $38,100 $78,500
2015 $3,300 $99,700 $43,500 $56,200
2014 $3,365 $99,700 $43,500 $56,200
2013 $3,365 $99,700 $43,500 $56,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1258631

State-Wide MLS

APN: PROV-690325-000000-000000